Ownership Capital B.V. trimmed its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 764,534 shares of the credit services provider’s stock after selling 26,177 shares during the quarter. Mastercard makes up about 7.3% of Ownership Capital B.V.’s investment portfolio, making the stock its 4th largest holding. Ownership Capital B.V. owned approximately 0.08% of Mastercard worth $326,081,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the business. Activest Wealth Management boosted its position in shares of Mastercard by 87.4% in the fourth quarter. Activest Wealth Management now owns 536 shares of the credit services provider’s stock worth $229,000 after purchasing an additional 250 shares during the period. Cross Staff Investments Inc boosted its position in shares of Mastercard by 16.3% in the fourth quarter. Cross Staff Investments Inc now owns 3,148 shares of the credit services provider’s stock worth $1,343,000 after purchasing an additional 441 shares during the period. Everett Harris & Co. CA boosted its position in shares of Mastercard by 0.5% in the fourth quarter. Everett Harris & Co. CA now owns 49,539 shares of the credit services provider’s stock worth $21,129,000 after purchasing an additional 252 shares during the period. Atlantic Union Bankshares Corp boosted its position in shares of Mastercard by 23.9% in the fourth quarter. Atlantic Union Bankshares Corp now owns 12,124 shares of the credit services provider’s stock worth $5,171,000 after purchasing an additional 2,337 shares during the period. Finally, J.Safra Asset Management Corp boosted its position in shares of Mastercard by 7.2% in the fourth quarter. J.Safra Asset Management Corp now owns 490 shares of the credit services provider’s stock worth $209,000 after purchasing an additional 33 shares during the period. 97.28% of the stock is currently owned by institutional investors.
Insider Activity
In other news, major shareholder Foundation Mastercard sold 200 shares of Mastercard stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $487.25, for a total transaction of $97,450.00. Following the completion of the transaction, the insider now directly owns 97,543,308 shares of the company’s stock, valued at approximately $47,527,976,823. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO Michael Miebach sold 7,851 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $475.92, for a total value of $3,736,447.92. Following the completion of the sale, the chief executive officer now owns 47,640 shares of the company’s stock, valued at approximately $22,672,828.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Foundation Mastercard sold 200 shares of the business’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $487.25, for a total transaction of $97,450.00. Following the completion of the sale, the insider now directly owns 97,543,308 shares of the company’s stock, valued at approximately $47,527,976,823. The disclosure for this sale can be found here. Insiders sold a total of 366,630 shares of company stock valued at $168,746,490 in the last three months. 0.13% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on Mastercard
Mastercard Stock Performance
MA stock traded up $0.31 during trading on Friday, reaching $462.42. The company had a trading volume of 1,963,273 shares, compared to its average volume of 2,212,406. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.17 and a current ratio of 1.17. Mastercard Incorporated has a twelve month low of $357.85 and a twelve month high of $490.00. The firm has a 50-day simple moving average of $471.35 and a 200-day simple moving average of $436.10. The company has a market cap of $431.39 billion, a price-to-earnings ratio of 39.09, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08.
Mastercard (NYSE:MA – Get Free Report) last announced its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $3.18 EPS for the quarter, beating the consensus estimate of $3.08 by $0.10. Mastercard had a net margin of 44.60% and a return on equity of 191.22%. The business had revenue of $6.55 billion during the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the previous year, the business posted $2.65 EPS. As a group, sell-side analysts expect that Mastercard Incorporated will post 14.35 earnings per share for the current year.
Mastercard Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 9th will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend is Monday, April 8th. Mastercard’s dividend payout ratio (DPR) is 22.32%.
Mastercard Profile
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.
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